Fort Worth Star-Telegram from Fort Worth, Texas (2024)

November 6, 1932

Publication:

Fort Worth Star-Telegrami

Location:

Fort Worth, Texas

Issue Date:

Sunday, November 6, 1932

Page:

12

Extracted Article Text (OCR)

11w! PAGE FOUR WORTH STAR-TELEGRAM mark Registered t3 Patent Office the Fort Worth Star established Feb Worth Teicgratn butchered Jan 1 19014 Worth Record purchaeed Nov 1 MS Carter Prrsident and rublisher as econdclaza mat matter at the Postffice tort Worth Texas Jan 1 1010 under Act 1 1179 I TELEPHONE NUMBEES Branch Exchange (Ten Trunk Lines) Con nectinir AU Departmenta---- S-2301 NOTICE TO THE PLBLIC erroneous reflection upon the character stand-big reputation of any person firm or corprhation appear In the colutnne of this paper will corrected upon due notice ot same being the editor personally at the office Seventh Streets- Fort Worth Texas SUBSCRIrTION RATES Etcning Only Ne Sunday 10c LvenIng With Sunday ISO Slocning Evening sod Sunday IA Copies 25 topics Evening 2 Morning be Noonday lee MAIL IN TEXAS AND OKLAHOMA and Sunday Del' Except headily A 113 One Month I 70 Malian' 051 Three Months Coo Months 1000 Twelve Months S00 TO ALL STATES OUTSIDE Or TEXAS ASH OKLAHOMA $125 One Tear 'mpg Associated Press Is exclusively entiVed to this ors re-pubtication of all news dispatches credited to it otherwme credited in this paper and also th published herein All rights of re-publica'' special dispatches herein are reserved 6 1932 LITTLE BENNil By Lee Pape '-'4Aa--t r' 1 I 4' 2' 7 1 '4 -a) 35'7' SUNDAY-'N- 07E3- 6 1932 0 1 PAGE FOUR s-- FORT WORTH STAR-TELEGRAM 74 1 WORTH STAR-TELEGRAM A 0 A I I-TT- ByLLE Lee PEa MORN I Ntir--E Ellt ING--45LNDA I Trademark Registered II Patent Office -1 0 711y loiel 4 t'- the Fort Worth Star established Feb I 1: ne7Paew Worth Teiegram puichaed Jan I 1901 Worth Record porchatted Nov I MS i' 4 1 I Carter President and Publisher a as second-claw mail matter at the Post- Fort Worth Texas 1 IO an tll rt 1-1 ID: -0 7 18) a TELEPHONE NLMBEES i A Branch Eat hangs (Ten Trunk Littas) Con- 110 aecting All Departments-3-2301 711N Ala 4b Ask Ai 7 Arbil' 0 0 e-11 -) 41111t-11111 I 411---1 a ibrAp: NOTICE 'TO THE mimic A0 -1 iiiV erroneous reflection upon the character stand- '1711t1 fRf 110 Isi reputation -of any person firm or commotion doomos rop '11111117 I "117it 1 1 410 vo0: appear In the of this paper witi 1 'ir '0 II 1 Il 11tb lo ea corvetted Upon due notice ot same being the editor personally et the office Seventh A- I streets i ort Worth Texas of-- V- Is''': 0 'i i Iv sogoor ZS WA St tiscatrrioN RATES 1 I 4 41 III tk IL 4 'I" I IN' I I 11 I 1 0 4 i 1 WORTH-- "s' slikr Menthe Only No Sunday 10e I1 i 1 I Lvening With Sunday Ise 0 al V- ii Morning Evening end Sunday IS Coplee 2Se 7e04 siv111T6aii of A0 topics Evening 2r Morning Sr Nondtty tee AV 104'' i MAIL IN TEXAS AND OKLAHOMA 0 Nk 4' '''41 at ildf 4 AO and Sunday Dott'y Except Sunda 44ilot 't op a gs One Month 20 -1 MI nor! )01111161NV i tar titnhthe gla Thre Months Chu 4 Months- 10-Ini Twelve il00 5 1111 I 111: TO ALL STtTES OUTSIDE OF TEXAS ti i 'es AND OKLAHOMA osisil 1 slam wig it 12S One Tear 410 4 t' ib 7 SeenCleted Press Is exclusively entitled to th tiro re-pubtication of ati news dispatches credited to it a 7 otherwise credited in this paper and also th 9' I 1 i INI Iv NtiNitb orb published herein All rights of re-publics- 'INAlik special dispatches herein are alco reserved Ar 'I) 4 i 1116- i if AA i I ii Me andpop was taking a 'tau other day before upper TM' a lot of questions and pnp about half and we started to sc uts I drug store with about 505 clocki in the window and a sin The Perpetual Crickit it Ito trt) Times at Eh Winding at Ir'--- cats of 5 Seconds Special This NV 50 Cents Me saying pop I I had one of those to wake me t-v every morning I wsh-you had it would Sa rj from starting the day wrong about momings in the weekpop snid Meenin: wearing himself out es err morning trying to get in Up in tr- for school on account of me boine ester sound 4deeper and a exter getter up anywaya ana I said AV- pop why done you buy me I vin pop said Wkb be went in and did and kept on wawking me saying jimminy pop now yon wont- have more to worry you in the you can just go aboad and have nr hreaklist end go to the office withut even thinking about me and poD rising It sounds good but Im a pess- mist Meenirg he still bad bis doubts and after supper I went to bed otter erir PO I could lave the fun of fixinz alarm dock and all of it sudden woke up on Recount of thinkir- body was in the room Wich there was being pop saying Per Peet sske whAt's the deer of setting your on founded alarm dock for 3 o'clock ti the mornir' are you practicing to tw a why did it go off already? I said and pop said Go off? Ifs tWPn going off for the best part of a half an hour and it would still be going off if I hadn't come up and choked it I didn't bear anything that's funny I said and pop said No doubt must get you to explain the jnkp tn me one of these days Now ill wind it again and set it for a nuartee to and hleere me if you dont fly etit of bed like a lark you're going to be spanked out like a sack of potatoes 14 L1 he said 7- rt Ey r-E 11- Pri IT hi n- Pri slf nr it It nt be s' sonfdq7esptitosass tsailkdi so 0 other day before topper Inc about half and we sylnit dh owarn1 It5f)8)infl 71 caloedkriuginsttohree iTg The Perpetual Crickit it It-1 tr0 Tirre9 at Each Winding at 0-Al Cents saying pop I fetal: rvaooell In is those wp oi a wake ii asdl 1lb I wish-Toni had it would SRI-0 IJ s18ekrienhnbuTo 01 pnbnlynnyegawer: al Int: is Is at ii I li (born: 5nIr ester sound sleeper anti a extor 1w pop why -done yott buy me (M- 1 VIII pop kpt on wwking me saying jimminy breakliat end to the effiee witl- eut even thinking about me and p1-111 MiSt Meenirg he still bed tip doubts and after supper I went to bed otter erlr FORT Trade Corobining 110t Fort the Fort Amon Entered at of March Private Any or erich may be gladly given to and Taylor IN FORT One Wok Otte Week One Meek Stogio Hit Daily One Month Three Tsetse MT MAIL One Month The for Cr not 'local news Von of i1 i-- FORT I i I I Tra Corobin I 1106 For the Fort 4 tt i Atm i Entered 't office at i of March I i Private I 1 i1 tztAny en 1 1 '41 of flec'hr re ws I bo gIactly 't given to 1 I and Tayli i I 114 FORT One Weel One Wee' I 1 one trek I Sao IRO to I Hit ban" i i 1 1 7h Ma 1 Ilielve 31 I 4 Bl MAII I I 1 ti 1 Ono Monl 11 Ills Asi fur re-pot 1 or not on I I 'local newt I 4 Von of il I i i I 4' 1 i 1 4 4 1 1 -belleve4 i i -t 1 4: 1 1 1 it I i- I :4 -1 1 I 1 4 'I 4 i t' FORT 4 I I i I 1 Combining i 110L Fort the Fort 4 1- Anson Entered i -J office at of March I Private i i Any hig or 1 1 -crich may 1 4 bo gladly 1 't given to i 'S Mina Tayior I 1- I I Di FORT One Week 1 One Week I i One Meek Sintitte DV I 4 bully I 1 1 1O-rteirosi ii Tardy I BT MAIL 1 i i One Month I 1 Tbe I for or not I 1 5- 'local news li Von of 4 thrust back upon them iti the form of other taxes There are limits to the possibilitlei of state aid from thegeneral fund such is has' been voted in every year to supplement the schools'reverues from their own taxes These limits will Inevitably put the situation of ade- quate 'school -support squarely up to the local communities and in most cases It may be taken as certain that these communities will find ways to provide for their schools All of this will mean heavier local taxes -for schools and In any such process real property must bear the heavier burden The' homestead which escapes from state taxation for school support may not escape from the heavier local contributions required by community pride and ambition for its children School authorities will have biiposed upon them if the homestead exemption amendment carries next Tuesday a tremendous responal billty Thesehools must not be allowed to suffer permanent harm and the period of tern- porary derangement which- seems inevitable must be held as brief as possible It is a time for self-examination those who have the making of school policies and school administration In their hands Doubtless important economies may be instituted It has been said by critics bf school trends in the United States that an overly-expensive strueture his been built up through assumption by the schools of functions which belong to the 'home This criticism is-supported In Texas by'the addition of 6-year-olds to the school population an which was not sought by the schools themselves In general it may be apprehension of serious challenge that considering what they come out ith children spend too much time in the public school The indicated problems are those of man- agement and policy which can be left for solo- tIon to the men and women who have dedicateetheir lives to the schools Every parent and every Texan however is vitally concerned In the problems of financial support which will become acute very shortly if the homestead exemption amendment is adopted next Tuesday And'it seems that adoption is inevitable despite the fact that a great many thoughtful citizens consider that the gain to 'the home-owning taxpayer will be more fictitious than real 4 THE worst charge brought against President iloover in the late unlamented campaign was that he bad lifted i part of a Huey Long speech in the Senate A thing likeithat needs scotching bard ALTHOUGH this is the Winter tourist season In Greece Mr Insult does not have to worry over the possibility of running into some of his former stockholders 4 thrust back uport them in the fomx of other taxes There are limits to the possibilities of state aid from the general fund such ps has been A-oted in every year to supplement the schools'reverues from their own taxes These limits will inevitably put the situation of ade- quate school 'support squarely up to the local communities and In most cases It may be taken as certain that these communities will find ways to provide for their schools Ali of this will mean heavier local taxes -for schools and In any such process real property must bear the heavier burden The homestead which escapes from State taxation for school support may not escape from the heavier local contributions requtred by community pritle and ambition for its children 1- SCIT001 authorities will have imposed upon them if the homestead exemption amendment carries next Tuesday a tremendous responal bility The 'schools must not be allowed to suffer permanent harm stnd' the period of tem- porary derangement which seems Inevitable must be held SS brief SUS possible It la a time for self-examination by those who have the making ofshool policies and school admin- istratioa in their hands Doubtless important ie economs may be instituted It has been said by critics bf school trends in the United States that an overly-expensive strueture his been built up tbrough assumption by the schools of functions which belong to the home' This criticism is-supported In Texas by the addition 2 I ki pi Irnw-4 ah J2-1 I 'a' I The titar-Telegram is an Associated Press member with the complete pews gathering service of that organization your Associated Preso wires Seri?" It and in addition it has the leased wire news service of the Consolidated Press (special features and complete financial news) the International News Service and the New York Times and Chicago Tribune Thu Sul with the i gan'tation in adlittel Consolirlat financial the New A --IngawaLAr If Ar Kai" ar a ZX iff-111 J' 1ke Wuk I A I Ikr '41451111-11 711' dP I 4 i )iNW11)lif 1 17 NiX 14S I N-- qv Aia-Y '41t1Y2Y I )fr NIANb NV41 -0- la yro labNID to: NoNN's11--14( A' 14 -1171 Nib 11011101rgab Ili -WO 1611 11111 11 w' 411 gir allr 411 il dr OF 0 Vt ibil)Ntkx LtV tbrzelvkk 1NAN-3 I Th StarTelegram is an independent Dsmocratie newspaper supporting what it believes to be right and opposing what it believes to be wrong regardless of party politics publishing the news fairly and art-ncritaly at all times Tho Damocr belittom poiitice artnerit i OIP 11111 rdlif I -I-' '1 a I HEN we speak about the changes that have taken place in the modern world we usually refer to mechanical and scientific develop-- ments- We talk of the railroads 'the marvels of elect7icity of the telephone the radio and the auto-' mobile But behind all these andunderneath them is a' change more fundamental I quote the following sentences from that stimulating book The Revolt of the Masses written by Jose Ortega a Spaniard: HEN we speak about the changes that have taken place in the modern world we usually rAfor i rionlio-ncpal Or of mine who was born in India lens me that when his grandparents went there Irom England there were 100 million people- Now there are 300 million In three short generations the world has suddenly filled up! I do not mean that the world is incapable of supporting much larger numbers Hendrik van Loon in his new geography points out that the whole human race could be packed into a cube a mile and a half square and the cube itself dumped into the Grand Canyon BUT the fact remains that the world which used to be composed of widely scattered and sparsely settled countries the world that had always a frontier to which the distressed and discontented could move is now overrun with people AND the statesmen of the world are still talking terms of the old empty world still mouthing about tariffs and trade restrictions and social policies on the basis of days that are gone forever I am not wise enough to know what the statesmanship of the present ought to be But I do think that every -candidate for high office in every civilized country should be asked this question: "Do you know that hundreds of millions of -people-- create -problems that can not be solved with the measures that were all right for tens of millions? Do you know the world has filled up?" of mine who was born in India tells me that when his grandparents went there Irom England there "MI "A 1 AA 11: sl 0 And be fixed my Perpethal Criekit and went down to bed stain and the next thiug I knew I wns dreemine that a fire had broke out and everybody was running around excited try -ing to find ont where it was and asking everybody pits without arybody knowing the anser and finely I yelled Here it is here it is Meening horse smoke and flames eomint out of the fire alarm box and nobody knew -what to do on account of nobody being able to vet near enoseh to it to tern in an alarm and finely the fire alarm box couldn't state! the heat any longer and went off by itself and it kept 4rN i rineine and ringing and jUst then I woke up and rny Perpetual Criekit was going off like anything and where was it but rite under my nose on account of pop holding it there with a mad expression saying So you've eome to life at last bate you? Well are you going to fly out like a lark or do you prefer potatoes? he raid No sir yes air said And I flew out like a lark it 13P R- rty 11- ev 3(1 nt ar rid lt nt up nz it of Ex- to ou No si yea sir said And 1 flew out like a lark "Some years ago the eminent economist Werner Sombart laid stress on a very simple fact 'which 1 am surprised is not present to every mind which meditates on contemporary events Thefact is this: from the time European history begins in the Sixth Century up to the year 1800---that is through the course of twelve centuriesEurope does not succeed in reaching atotalpopulation greater than 180 million inhabitants Now from 1800 to- more than a population mounts from 180 millions to 460 millions! In three generations Europe produces a gigantic mass of humanity which launched like a torrent over the historic area has inundated it" In America we have 'seen the population leap in one century from 12 million to 122 million -A friend I 4 I DAI 11(1 led 4 ying 1--thf Soutl arty le is rersit: The 1- ack hitt been he char ant nig -ntlY he Ten doin iolin no knack ackle as Pr ker ge and is in as tl or thil ball lead ter ier I failk 'here tonl India ey 7 nd of ti hose of fron 'ode he 114 an sec 3re a if I (lig' Kr fter omo 3 Well yot 133fr Nor No" 1Pr Sta sot WA Irat he he th wl ffPr Iv 1 Witt bt ra Pi rot' CAW riP I tea taf pia: hp to ter Rh alle on tflj 7 bl is sof nsiv a Aro it hot ng la I 'tint ks i tsi 8to 88 tfot( NI or aft of 21 I for Juril tl hotr Stitt th 0 it my 't tatE q'a 1y I 31 th 0001- I AL 1016 1 LEA ed 4 Jul yin 1 --the Sout1 arty te is emit: The I ack been he char ant ntlY he St Ten doin aohn 'Y knact aeLle as Pr her gp I spi and nd is as ti Eoro this ball lead et I 'here conf India ey nd of tl hose of iron ode eam he tio An sec are a if (lia fter omo Well yot er Sta see WA I rat he ne wl Pfer Iv bt ran er Itin 10 I tea Af hP to tPt it th sale on 10E 7 to is sof nsit 8 amm it I hot 011 la I 01 ks 0 i ev tal ato as for( NI or I ehp I 'fot ouriE tl hotr Stitt de tbp ine -my 't atE rfi ear 1 31 th 00'-'11w DJ 1 1 1 11 1 I i I I A a 1 i AL fr ed 4 1111 ying 1 --thf arty em Seel is it: the 1- ack -) hilt been I (Copyright 1932 New York Tribune Inc) LETTERS FROM I1 THE PEOPLE (Copyright 1932 New York 11ribune Inc I 4 -The I 1 0 1 i I i 20 Years Ago in The Neivs Files 20 Years Ago FA Standard's Proration Attitude Standard's Proration A 1 itmi 'TIS A'AIAD WORLD IT TS UNFORTUNATE that the sense of hu- mor reputed to be highly developed anthig individuals in this land of the so-called free does not extend to the public cosmos Other wise there would be no danger of ill-feeling either culminating in or deriving from the balloting on Texas affairs Tuesday Irdeed such an inundation of hilarity would be already Established as would leave us all swimming in mirth and would make the movement to the polls more like a balloween frolic than a grim clash of partisans exchanging recriminations and taunts There really Is basis in the present Texas political situation for such a surge of gargantuan laughter as has never before been recorded among a nation of funny politics Just to mention the name of Ferguson in association with ther idea of "party loyalty" should be rutficient to set off mines of Jocularity One glimIse of Jim on the stump solemnly arguing' the 'sanctity of the "party pledge" ought to put stitches in the side of a jelly fish This Is not politics my' masters it is 'comic opera It needs Gilbert and Sullivan te report it ade- quately Thousands of Texans are not able to predate the magnificent humor of the nituaIon They are those on the one hand who fol low Jim Ferguson with eyes and tars and minds open to nothing else no matter how many times his aberrant march loops back on itself and no matter how many times he halts by the way to go into an eccentric dance which would make the dizziest stage comic wild with jealousy and who see his wide-brimmed slouch headpiece as the white-plumed helmet of an other Navarre There are those on the other band to whom the name Ferguson is the sign of the beast of the poiltical apocalypse and who an not act rationally when hie form is to be discerned anywhere on the political horizon There are others few in number to be sure whose tradition-minded consciousness is depressed by the thought of "bolting" the ticket and whose distress over the galling nature of this year's special brass collar deprives them of all appreciation for comedy These are those who are missing the greatest laugh of the cen tury and they are to be pitied Happy are those Texans who masters of their own political conscience as well as their spiritual conscience can enjoy to the fullest a situation which probably never again will de voloo to such a magnificent level of funniness There are laughs enough to store away for making merry every day which even the long- est-lived of us may expect to enjoy There is comedy enough if it could be received by all the world to blast 'away the world-wide 'de- pression with a tornado of hilarity 'Jim Ferguson appearing as the champion of good government! Jim Ferguson pleading for party loyalty! Jim Ferguson anatherrkatiz jog bolters! Jim Ferguson holding out allegiance to his cause as the touchstone of sup! port of the national Democratic ticket! Jim Ferguson appropriating national Democratic patronage promising 25000federal jobs to go 'only to those who vote for him as well as Roosevelt and Garner! Sin-short Jim Ferguson! TS mor 3 individua does not wise the either et balloting such an I establishe mirth an polls mo Ins gia Fel pal onl Ro Thousands of Texans are not able to 11P- predate the magnificent humor of the situa- They are those on the one hand who fol- low Jim Ferguson with eyes and tars and minds open to nothing else no matter how many times his aberrant march loops back on itself and no matter how many times he halts by the way to go into an eccentric dance which would make the dizziest stage comic wild ith jeal- (From The Star-Telegram Oct 31 to Nov 0 1012) Woodrow Wilson and Thomas IL Marshall were swept into office on the tide of a nationwide Democratic victory Robert Milamwas the Democratic nominee for mayor of Fort Worth Gen Mario Menocal wag elected President of Cuba on the conservative ticket 31 It he le- m- srt (Prom Th star Telegram Nnr 41 1 I Care for 'Unemployed as a Local Problem By CHARLES MESSICK New Jersey State Civil Service Commission FoLLovriNo a poet-war period of unexampled business activity and reckless speculation in which we abandoned all of de principles of business science and economies we have descended Into a morass-of induserial stagnation as tragic in its consequences as It Is gen- eral In its effect This rapid change has dislocated our whole Industrial system destroyed confitience paralyzed distribution and reduced the purchasing and consuming power of the Nation It has presented unemployment and relief problems which have heretofore beerr foreign to our ex- perience and with which we have not been prepared to deal Whether It be in criticism of our Industrial system or as a simple statement of fact it must be acknowledged that industry has failed to develop a system under which its 'workers can be maintained out of the wealth they have helped to create Very little relatively has been done toward devising a plan that will include the economic status of the worker as a basic consideration of industry We are just beginning to think about this matter in a serious way There are difficult problems to solve and serious obstacles in the way but we are bound to recognize that a sound and lasting Industrial system mustfind' -a way to maintain its workers and salvage the human waste Just as It must maintain its capital Its plant and its equipment In this emergency industry has generally failed The burden of relief has been thrown back upon the community in its private charity and in the main upon the local public treasury This problem of unemployment and 'relief has grown so large that private charity has long since failed to cope' with it Municipal and other local governments have consumed their remaining credit in an effort to provide' work and food clothing and shelter lation in which we abandoned all of de princi- plea of business science and economies we have descended into a morass -of industrial Magna- tion as tragic in its consequences as It is gen eral In Its effect This rapid change has dislocated our whole industrial system destroyed confillience para- lyzed distribution and reduced the purchasing and consuming power of the Nation It has The Bulgars after decisive victories over the Turks In three day: heavy fighting were at the very doors of Constantinople- The capital was panicky and the sultan was prPpared for flight The end of the Eastern war was believed in sight Lo- piJ snit 1114 rn 5 ir 1 4 14 4 14 t1 i 4 acquired at low prices when' due to proration acreage values had-declined by more than half and when their competitors with less capital and reduced income could not purchase? With a growing sentiment for regulation the withdrawal as common purchasers of crude would leave -much greater latitude and freefkom of unhampered operation and the act of withdrawing would in all probability further reduce prices for a time at least until the slack WaS absorbed 'Which would possibly mean additional properties and sale at prices below their intrinsic worth A check of potential prospective acreage in Texas and of producing acreage in any field will show the large additions made in recent years by the Standard units and it takes no far stretch or the imagination to presume that the Standard of New Jersey is no more interested in the rank and file of the industry than were the great Eastern bankers when the earnpeign of distribution was in force but are conducting their business for wir-t seem- thci- oi best interest which Is oU course human: and their policies must be construed In this lkht Theo we can logicalb' explain the extensive activity on one hand in the acquiring of properties send the exploration and development acquired at low prices when due to Proratlan acreage values had-declined of same Ind On the-other hand the reluctance to raise prices for crude purchased and the growing reluctance to make new connections in fields where such connections are tieeded to assist in maintaining proration such as East Texas though in a new field such as Conroe that they virtually dominate they have laid a line and nominated to take certain amounts of oil It is true Conroe is nearer the seaboard and refineries and thus from their own standpoint is itgood business move and jistified ixit it should dispel the illusion which among' some oil men is still prevalent thiit the action of these companies is similar to that of a big brother- saerifieing for the need of the weaker awl 'more helpless whereas it is more like -a big bear ready when opportunity affords to make a 'big squeeze rather than a bit sacrifice Markets have been stabilized in the past by-one or' two big units' affording outlets for crude at fair prices thus stopping sales nnder the market which they contend is converted into cheap gasoline and untlermines the retail price and thus bacirs up on the crude market This policy in conjunction with the absorntion of distress gasoline from small plants has tabilimt the markets in the past Witness the action of the Standard Oil Company of of same ind bn the other hand the re- Inetsm-e to rals nriepgt Mr (nub Thirty-two States had notified Secretary Knox of their ratifieation of the ineome tax amendment to the Federal Constittition Four State bad refused to ratify Ratification by States was needed to make the amendment effective rif pl- i I Fort Worth moving picture theaters showing "first run" films raised their admission charge from 5 to 10 cent'' with the explanation that thPy not make a profit at a nickel orP pir tE0 Indiana when the entire output of The Cobden refinery at Tulsa which was dumping its products was absorbed and the market stabilized and a large amount of money made for the Indianacompany io the operation Since the forced retirement of Colonel Stewart from the leadership of the Standard Oil Company of Indiaaa the policy of Indiana has seemingly been in accord and complementary with that of tbe Standard Oil Corn-pally of New Jersey and of late both have been slow to makecor meet ad vances in prices for crude but quick to initiate depressant policies It is significant that in failing to meet the recent price increale posted by the Sun Company the Tidal Oil Company failed to join and that for many years the New Jersey company owned a large Mork of stock in the parent company of the Tidal Thus we see the leatiln: purchasers New Jersey and subsidiary and affiliate corapa- ales' on a common front in a united policy refusing to make a price advance as conapensation to crude oil producers for a further reduction of allowable runs or in effect virtually refusing to assist further in assisting the maintenance of proration The compressibility of the living ineome of the majority of producers has about' been reached and some relief has to be extended if further allowable cuts are instituted or but one alternative is onen and that is the violation of pmration end its ultimate breakdown Thus without setting the example themselves it is entirely possible for the large units to force the small producer to break down proration without Incurring any stigma on them selves or acknowledging themselves- they no longer desire it or that possibly it was a mieake in the first place No brief is being held as to the wisdom of a price Increase at the end of the peak consumption period hut one fact is certain that if allowable runs are to be continually restricted either price increase must take niece or the email producer goes out ofbueinese and he will of course before committing weicide attempt to by whatever meene he- means the violation of proration where potriible WICKETT Indiana when the entire output of thp l'euidTpn rornary at 'rules trhioh I i -4 ed It tr 11 01) 11 bilINyy 14- Pt' 2 'il 1 iA4 --5" 0- Ilit d'u A' ar' 1 Gm The results of Halloween in Fort Worth -wore: Hundreds of Soutit Side lawns flooded from opened water hydennts: eight bales of cotton across North Main Street car line flower pots and swings upside down all orer city: dismantled water wagon across South Main Street ear tracks barrieade of barrels and rubbish acrocs -Taylor Street The desk sergeant it Central Pollee Station mid it was the quietest Halloween-in 12 years The markets: Wheat 86 to AT cents: corn 53 to 57 cents: oats r3 to 3314 cents: -cotton 11 cents steers top bogs top 3 )rt Et it er 'SR Pr -er Evss ri- 1 at be AT 33 4 7 7 I I 1 Editor Star-Telegram: Has the viewpoint and policy of the Standard Oil Company of New Jersey and its subsidiary and affiliate companies changed toward the policy of proration and desirability of its maintenance as a method of attempted control of production to pipe line or market demand? Some years ago the bead of the New Jersey company espoused the theory that in the future the price of oil would be controlled by the price of coal and that therefore by implication an era of low priced oil was about to be ushered in Could the thought be father to the wish in this case and that in order to round out their operations and build up their reserves and market outlets a low priced era in oil was to be desired? Such a condition could benefit only the largest units with sufficient capital and reserves while at the same time creating a distinct disadvantage to smaller and less staple competitors Low prices at frequent intervals have been a common occurrence in the past but the crisis of recent years has been largely accentuated and aggravated by advances in scientific knowledge in the locating and exploration of geologic structures thereby creating greater peaks of overproduction and the needless overexpansion of refining and marketing facilities have likewise contributed In Ahe search for a solution as a corrective and stabilizer proration was sponsored and foisted on the industry by the large units as the hoped-for cure-all Seemingly the fact has been lost eight of however that with the setting aside of the law of supply and demand and the creation of the artsficiar substitute of proration there has been a constantly rising tide of Production developed and artificially restrained behind the barrier of proration but like water behind a levee the higher the levee is erected the greater the flood if 'it fails to hold and the large companies have not been slothful in developing their portion of the potential flood Thns low priced oil has not been brought on from the competition of coal but mostly over comnetition within the industry itself with the Standard units largely the pacemakers Thus we find over-' produttion and a huge and mounting reserve heM in by agreements and regulations cit none too stable a character in an era of declining consump tion We hare been advieed by employes of the New Jersey company that reserves are not adequate and that a certain amount of exploration is necessary and must be carried on or there will be an acute shortage within the near future Is there any reason to believe this forecast is any more reliable than the coal competition theory whieh was expounded and Is now exploded or is this just' an excuse for the diligent aril consistent exploratorv and purchaminrocampaign that the Stadard units have been carrying on in building up their own reserves and creating the Three amount of shut-in prodnetion 'which they now posses until they have sufficient to be able to withdraw in a large measure as common purchasers of crude oil from ontside connections and thins utilize their own built-up production in the near future It there any rea- to believe this forecast is any son more reliable than the coal comp eti- fi tion theory which wa exPounded nd in now exploded or is this juet' an excusefor the diligent ani consistent explorstorv and purcliaming-campaign that the Stadard units have been car- rying in building up their own re- serve and creatinethe Three amount of shut-in prodnetion which they now posseex until they have snfficient to be aide to withdraw in a large mean- ore as common purchaners of erude oil from ontside eonnections and thue utilize their own built-up production Out of the clarkness and the deep Out of despalt If granted (true Though now through broken hopes they creep 7 The 'brave believe theY soon shall climb They feet it pulsing in thetr veins: 1 4 throbbing in- their very! That faith Atone explains To strike for strange and distint They feel it poising in their veins throbbing in- their 0 4 souls That faith atone They glimpse what Reason an 'not see And hear what wisdom fails to This shattered dream which now must be The future shall with splendor match Si) undisturbed by failure's blow And undismayed when hope 'seems gone For Joys may not have to know The gallant spirits carry on very-' Fort Worth During the past year the States have-come to the rescue through construction programs and direct aid from state funds The Federal Government has recently entered the field We have even given Up the idea of maintaining morale through made work beeause of its greater cost We see our problem as a struggle to feed and clothe and shelter our less fertunate neighbors until their jobs are available once more Parenthetically I should like to say that It seems to me a fundamental mistake is being made in attacking the whole relief problem in that the planning is coming from the top while the problem is local The needs must be met by the work ant sympathy 8nd planning of local leaders and officials and most of the funds must come from local privete and local tax moneys shoud like to see those on the firing line and acgrips with the daily conditions have greater representation in national- relief councils' While there are many indications of business revival the coming Winter promises to be no better and it may be worse with respect to the volume of relief required than last This Is a new condition in tills country It presents new and serions problems which must be met It smashes Our old theories: That community relief belongs in the main to private charity that the dole must be no part of out American system and that federal funds must not be used for direct relief No one can foresee the ultimate resultsof this adventure of government into wholesale relief It establishes -a new precedent which will be easy to- invoke in support of a fixed later policy which will find its strong United States Daily and new a erioUs roblems which must be met It sm corn- ashes our old theories: That Tri un ongs main to private ity relief bel In th charity that the dole must be no part of out American system and that federal funds must not be used for direct relief No one can foresee the ultimate results of this adventure of government Into wholesale rellet It establishes -a new precedent which will be taey to-invoke In support of a fixed later policy which will find its strong- advo- cates--The United States Daily I 1 I I la I I otik ck iTZA I SCHOOL FINANCE PROBLEMS THE fears of public school authorities that adoption of the homestead exemption amendment will set back the cause of universal education for many years are not those of too-timid alarmists The siltation which will confront the schools should the amendment be adopted will be immediately serious and will grow more so with the passage of time The Instant result would be the practical annihilation of the schools' central support fund the' -only revenue source which is not dependent upon the favor of legislators That would be a which could hot be regarded without apprehension by all who have the best interests of the schools at heart Of course it will be possible in any and 4 all years to keep up to existing levels the financial support of the schools and further It may be assumed that the Legislature and the local communities will for the most part- Anse everyendeavor to maintain the standard of school support This' means of course that ether taxes will have to be levied for the benefit of the schools for augmenting the depleted revenues of the schools which will be caused by loss of most of the funds now coming In from the state ad valorem tax on rsal property In this connection it does not appear that the very homesteads which would be relieved of 'Ills amendment can escape having the burden I may be assumed that the Legislature and the local communities will for tbe most part- -se every endeavor to ma maintain the standard of school support Th is means of course that ether taxes wiU have to be levied for the benefit of the schools for augmenting the depleted rev- enues of the schools which will be caused by most Of the loss of funds now in from the state ad valorem tax on real property -In this connection It does net appear that the very homesteads which would be relieved of burden having the the amendment can escape amendment education 1 too-timid a confront th adopted wi grow more Instant res' tion of the 4 only reven upon the a blow vvil spprehen514 of the echo Of cour 0 all years financia15 It may be th local 1111 every of school 5 other taxes of the echo clines of loss or mo: the state In this coo hom*o the amend IL AILA-L'E 1 1 I continue to do what the Revelator WA Russia "the rider of the red horse" was to do: "take peace from the earth" One consolation -John rives us: he says the present distress is to But itnother woe Is to follow by reason of the sound of the sixth trumpet avd the pouring out of tbe sixth vial of wrath Men the third woe is to follow "quickly" If you want to know 11 about what takes place at the sounding of all the seven trumpets and tbe pouring out of the seven vials of wrath then read the eighth and sixteenth chapters of Revelations Make your own application Of course two trumpets are yet to souM and two vials of wrath are yet to be poured out The kat vial of wrath is to be "poured out on the air" Don't- you Just about know what that means? If it were not for taking no too much space I would give the aoPliestion of the fourth trumtet and the fourth vial of wrath Then you Could not help but know that what I base said is true and not speculation I can count on my fingers 15 prophteils that have-been fulfilled since the et mmencement of the World War and ii I wanted to speculatsI would onlv meek of those trumpets and vials of wtrath which are as yet abesd of so SCALES tiredell Texas ai Doe'tyou Just about kn what that means? If it were mot for taking no give much space I would the aPPli tion of the fourth trumpet and fourth vial of wrath Then you eo not help but know that what I hi said Is true and not speculation 5 e'en l' Ve fingP" 1 prop fulfillki wince of the World War i efskwaonfted th to reurumlpeabot8 Ianwdouviaild on arth which are as yet heed of iredell- -Tut IL SCALES 13P to by in- th is at of ail -et ire al I3e )w oo -a- be 'Id ve 35 he nd of 1111 ar I I TA 1 I i' -1 i7 i A il 1--4 i I 7 7-ir-11- 7 -1 7 I'-1! -i '1' :11: Sees Fulfillment of Prophecies Editor Star-Telegram: Preachers politicians newspapers- religious and secular call the present conditions "depression" That is right but somehow John the Revelator nearly 2000 years ago went deeper than the pocketbook He went to the mind and heart- He called it a time of "woe and He does not say we wilt have overproduction scarcity of money or lack of distribution Of 'course all these and many other causes help to bring on hard times: but' John aivPs only the main or basic cause lie says that our "woe and distress" are by "reason of the sound of the yoicC of the fifth trumpet The fiftli -trumpet sounded when Lenin the father of Bolshevism with the key of Bo1vh3visus opened the dour of the bottomless pit: The loctists came out Thoe locusts were Bolshevists These Bolehevists scattered' themselves among the Itations of the earth and they did are doing and-will will have overproduction scarcity of: Malley or lack of distribution Of 'course all tee and many other cause help to brine on hard times but John gi ves only the main or basic eaume Ile says that our "woe end distress" are by "reason of i the sound of the yoicC of the fifth trumpet i The fhiftlif -ttbrompfetn tiottund ed when th'eenkeyteBaolsheer oGitiseneevdtirh (tut! of the botttomless pit: 8The loesstis came ou ORP locust re Bo shevists These Bolehevists scattered' thiqnSehrtg among the mations of the earth and thee did ore doing and -will ultor 1 ztar-leiegram Trenchers 11011VAITIO nm wo- 1 dLfsin A BR 40 a-rvva og et MAIMS secular call the present conditions Mat is right: but some bow John the Iteyelatoe nearly 2000 years ago went "deener than' the pocketbook He went the mind and heart- He caned it a time of woe and trstress" Htv does not say almmn I 7- ----tz lp I -1 ---0 igilfz 1-f co-- 1:01 i'' 416 7 i 4' 0 fero 1- 11 ------4- ea I 1 e--eb i9- I 1 kolk week4r- 411 1 it I it IN 4 ea" '4 I kl4 Ili tilIbl I I 1 4 quil-riatt tem attar A Gent) 1 y' i 1 4 A --s' 'I 7 -1 41 1 '3- Ii --I i II el I I i 1 i 1 '-111 I I I w'-'il' r-'.

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